The Significance of Online Business : Advantages and Benefits

05/11/23 • 11 min

“With the ability to operate online, you can quickly adapt to customer behaviors”- Malay Damania.

We are all aware of the significance of online business in today’s world. Ecommerce businesses have revolutionized the way people buy things. Companies who have failed to understand the importance of online marketing are losing out on business and customers.

In today’s episode your host Malay Damania shares the benefits of online business and why everyone should sell through the internet.

Key Takeaways

Ecommerce stores offer a lot of convenience to the customers as they can shop from anywhere at any time.
One of the advantages of online business is that it is open 24x7 for 365 days.
Selling on the internet helps you to do cost saving as you do not need to pay rents for shops and offices. Also, you significantly save money on utility bills, electricity charges and more.
Another benefit of online business is that it gives a global reach to the businesses as they are no more limited to geographical reach.
You can give enhanced customer experience by using data analytics to understand customer behavior and preferences.

Listen to the entire episode to know more about the significance of online business.

Buy Malay’s book - Business Champ

Malay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

“With the ability to operate online, you can quickly adapt to customer behaviors”- Malay Damania.

In today’s episode your host Malay Damania shares the benefits of online business and why everyone should sell through the internet.

Key Takeaways

Ecommerce stores offer a lot of convenience to the customers as they can shop from anywhere at any time.
One of the advantages of online business is that it is open 24x7 for 365 days.
Selling on the internet helps you to do cost saving as you do not need to pay rents for shops and offices. Also, you significantly save money on utility bills, electricity charges and more.
Another benefit of online business is that it gives a global reach to the businesses as they are no more limited to geographical reach.
You can give enhanced customer experience by using data analytics to understand customer behavior and preferences.

Listen to the entire episode to know more about the significance of online business.

Buy Malay’s book - Business Champ

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

Previous Episode

Importance of Discipline in Business - Key to Success

“Discipline is your ability to make yourself do what you should do, when you should do, even if you don’t feel like doing it”- Malay Damania.

How do you feel when you hear the word “Discipline”? Do you resist it because you feel like discipline will take away your freedom?

But, the importance of discipline in business is massive as it helps you to achieve your goals. Your enthusiasm and motivation will eventually wear off but discipline will ensure that you avoid procrastination at all costs.

In today’s episode your host Malay Damania shares the importance of discipline as an essential virtue and how it can help you.

Key Takeaways

Discipline in business is the foundation of great habits that can help you to accelerate your profits.
Discipline helps you to stay focused on your goals and develop habits that help you to stay committed to action.
Remember Pareto’s principle which says 80% of your results are generated through 20% of your actions. Figure out those 20% of actions and commit to them through self discipline.

Listen to the entire episode to know more about significance of discipline in business and life.

Buy Malay’s book - Business Champ

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

Next Episode

Procrastination Unveiled : Confronting the Yesterday Tomorrow Dilemma

“It is extremely vital for you to understand the underlying causes of procrastination and develop strategies to overcome them”- Malay Damania.

Yesterday you said tomorrow but today again you said tomorrow. Feels relatable? Well, tomorrow is the most common word we use when we are asked to do something out of our comfort zone.

If you continuously delay essential tasks, you have procrastination issues. In today’s episode, your host Malay Damnia discusses the causes of procrastination and what to do to avoid it.

Key Takeaways

Procrastination is one of the biggest enemies of growth. If you continuously delay a task, your brain thinks it is unimportant and you might not even prioritize it in your routine.
Your procrastination issues can cost you opportunities and revenue in your business. For example, if you delay following up on a lead, you miss the chance to close the deal.
Procrastination solution is to understand the causes of delaying anything. Often it is linked to unclear goals, lack of motivation and fear of failure.
Set clear goals with deadlines as that will help you to create an urgency and will further keep you accountable by delaying procrastination due to anxiety.

Listen to the entire episode to know more about the causes of procrastination and how to overcome them.

Buy Malay’s book - Business Champ

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**